Fairway Cash Guarantee™
Confident In Closing
At Fairway Independent Mortgage Corporation, we understand the importance of being the most favorable deal on the table. The winning combination of a Fairway Cash Guarantee™ and a Fairway Advantage® Pre-Approval will give you the buying power you need to compete with cash!
In fact, Fairway is so confident that we will buy the seller's home if we cannot close for a financing reason by the contracted date.
Fairway Cash Guarantee™ Advantages
- Seller will receive a cash guarantee
- Buyer can compete with cash offers
- Borrower does not have to pay any additional fees to use this program
- If the guarantee is triggered, the seller may opt for Fairway to NOT buy their home and instead walk away from the deal with $10,000 paid by Fairway, and the contract will be terminated
Additional Requirements / Details
- Borrower must have a Fairway Advantage® Pre-Approval
- Borrower must be financing with an FHA, VA or Conventional loan
- Borrower must be purchasing a – Single Family Residence, Townhome (Non-PUD) or Detached PUD only
Note: If the seller opts to have Fairway purchase their home, Fairway will pay the appraised value or the contract price, whichever is lower.